Excelsior Correspondent
JAMMU, Sept 24: Crime Branch, Jammu has registered a case against several persons including officials of UCO Bank and Revenue Department for cheating and causing loss to the tune of Rs 65.70 lakh to the bank.
An official spokesman said that a written complaint was lodged by A J Patel, Zonal Manager, UCO Bank, Zonal Office, New Delhi alleging therein that loan limits were sanctioned by UCO Bank Railway Road, Jammu in favour of Ram Lal Gupta, son of Ram Dhan Gupta of Janipur (Proprietor of M/s Prince Wine and General Store), Gourav Gupta, son of Ram Lal Gupta (Proprietor of M/s Gourav Agencies, Shivalak Puram Janipur) and M Sadashiv Puri, Director M/s Millennium Econometrics Research Publication Private Ltd. Gandhi Nagar against stocks and personal guarantee of Kabla Singh, son of Sansar Singh of Birpur Tehsil Samba.
Thereafter, accounts of these three concerns became Non Performing Assets (NPA) and notices were sent to Kabla Singh, who stood guarantor for the loans availed by these concerns, for recovery of the loan amount. But Kabla Singh denied having given any guarantee or mortgaged his land in favour of UCO Bank to secure the advances, as he was illiterate and blind. The records of the UCO Bank showed that Kabla Singh had signed the documents in English.
On the receipt of complaint, an enquiry was initiated in Crime Branch, Jammu and during the course of enquiry, it came to fore that Ram Lal Gupta, Gourav Gupta and M Sadashiv Puri had obtained limit from the UCO Bank against stocks and personal guarantee of Kabla Singh. The land of Kabla Singh was mortgaged in favour of bank for securing the bank loan.
During further course of enquiry, it was found that accused persons in connivance with the officials of the UCO Bank as well as the Revenue officials had mortgaged land of Kabla Singh in favour of bank by preparing forged and fictitious documents without his knowledge. It also came to light that Kabla Singh is an old and blind man of 70 years but in the documents his age has been shown as 31 years.
Accordingly, a formal case has been registered in Police Station Crime Branch under the relevant sections of law against these accused persons and investigation of the case is in progress.
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